The death of a family member is followed by a time filled with an array of emotions that make it hard to focus and handle the plethora of responsibilities that follow. If the death of a person has left a family in disarray in regards to respecting their final wishes, it may be time to contact a probate attorney, as they specialize in providing legal advice that centers around the distribution of assets of a deceased individual. They will help a family make sense of the future and develop a plan of action.
Required Court Filings
When a person passes without a will, any property or cash assets will be turned over the state in accordance with local probate laws. The state is not determining if the money will be dispersed but seeks to satisfy any outstanding debts before releasing any funds to those who are left behind. An attorney will help a family complete any necessary filings to ensure the probate process is as quick and painless as possible.
The first step is to inventory all of the assets that a person owns, and lawyer will help a family identify any investments, bank accounts, or property that should be included in an estate. It is often complicated to conduct the necessary searches to locate all of the assets a person possesses, but a lawyer will have access to the tools to make it simple. Failing to disclose all assets in an estate may lead to probate delays and future complications.
The final stage of probate is to distribute the assets to the individual’s heirs, and most states use the next of kin rule. If a person doesn’t have a will that states where the assets are to go, the state will release any items to their closest relative. An attorney may work with a probate department to ensure that any wishes a person may have expressed are followed as the law allows.
Don’t let the passing of a loved become more complicated than necessary. Contact Estate Planning Of Honolulu experts as soon as possible and let one of the legal advisers develop a plan that will help a family gain access to any inheritance quickly. Call today for more information and to schedule an estate evaluation.